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<title>Keyword: thomasleonard</title>
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<title>Early Progressives Understood What Minimum Wages Do</title>
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<description>Pennsylvania and Virginia recently passed legislation to increase their minimum wage to $15 per hour, closing the gap with Oregon ($15.55 as of July 1) and California ($17.90 in some places). In all, 34 states mandate a minimum wage higher than the federal minimum wage of $7.25 per hour. The potential economic detriments of a minimum wage &#x26;#x2014; namely, job losses &#x26;#x2014; are well known. But the trend toward higher and higher minimum wages ought to prompt us to reconsider their purpose. The standard assumption about progressivism is that it&#x26;#x2019;s intrinsically good &#x26;#x2014; after all, who would oppose progress? Progressivism...</description>
<author>The Daily Economy</author>
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<pubDate>Fri, 12 Jun 2026 05:03:26 GMT</pubDate>
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